DHFL, which has been severely impacted by the NBFC crisis which unfolded late last year following the IL&FS bankruptcy, has defaulted on multiple commitments. India Ratings and Research has ...

The first wave—the Twin Balance Sheet crisis, encompassing banks and infrastructure companies—arrived when the infrastructure projects started during India’s investment ... and a non-bank financial ...

in India were the toast of investors and industry alike, the recent liquidity crunch has jolted many out of their euphoria. Investors are treading with extreme caution, banks are re-assessing lending ...

While gloom prevails across economies, a State Bank of India report says that the Reserve Bank of India ... will give Piramal Enterprises much needed liquidity to invest in its NBFC business. Vinod ...